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Vishakha Singh

Disney Cuts Over 300 Corporate Jobs in Latest Layoff Round Amid Cost-Saving Measures

Disney has announced a fresh wave of layoffs, impacting over 300 corporate positions in the U.S. as part of its ongoing cost-saving initiatives. This marks the third round of job cuts since May 2024, with the number of affected roles expected to rise further. The layoffs primarily target corporate

Runway Launches $5M Fund to Support Up to 100 AI-Driven Films

Runway has announced a groundbreaking initiative to boost the emerging AI film ecosystem by setting aside $5 million in cash and additional service credits to fund up to 100 original films. The company aims to encourage filmmakers to integrate its generative video model into their projects. Dubbed the Hundred Film

Aster DM Healthcare Plans $250 Million Expansion in Saudi Arabia's Healthcare Market

Aster DM Healthcare Ltd.’s newly established Gulf unit is gearing up for an ambitious expansion in Saudi Arabia, targeting acquisitions worth up to $250 million. This strategic move aims to enhance Aster’s presence in the Kingdom’s rapidly growing healthcare sector. Aggressive Acquisition Strategy In an exclusive interview,

Acadia Healthcare Settles for $20 Million Amid Fraud Allegations from Justice Department

Acadia Healthcare, one of the largest for-profit psychiatric hospital chains in the U.S., has agreed to pay nearly $20 million to settle a federal investigation into accusations of defrauding Medicare and Medicaid. The Justice Department announced the settlement on Thursday, citing practices that involved holding patients longer than necessary

Chicago Sky Part Ways with Coach Teresa Weatherspoon After Disappointing Season

In a surprising move, the Chicago Sky have reportedly fired head coach Teresa Weatherspoon after just one season at the helm, as confirmed by multiple sources, including the Chicago Sun-Times and the Chicago Tribune. This decision comes on the heels of a challenging season for the team, which finished with

FDA Approves Cobenfy: First Novel Schizophrenia Drug in Decades

The Food and Drug Administration (FDA) has approved Cobenfy, marking the first novel antipsychotic treatment for schizophrenia in decades. This innovative drug offers a new approach to managing the condition, aiming to reduce disabling side effects, particularly weight gain, which is common with existing antipsychotic treatments. Traditionally, antipsychotics have operated

Injuries Strike Giants and Cowboys in Intense Thursday Night Showdown

In a hard-fought matchup that saw the Dallas Cowboys edge out the New York Giants 20-15, injuries to key players Malik Nabers and Micah Parsons cast a shadow over the victory. Both athletes, pivotal to their teams, faced significant setbacks during the game, raising concerns among fans and coaches alike.